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U.S. government takes 10% stake in Intel

(www.cnbc.com)
607 points givemeethekeys | 1 comments | 22 Aug 25 21:01 UTC | HN request time: 0s | source
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sobiolite ◴[22 Aug 25 22:04 UTC] No.44990406[source]▶
Ironic, Western politicians thought opening up to trade with China would lead to it adopting a Western model of government. Instead it's lead to the USA adopting the Chinese one.
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torginus ◴[22 Aug 25 22:51 UTC] No.44990887[source]▶
Yeah, this so weird coming from the US. The US government has a history of writing no-strings-attached blank cheques to people/companies just so avoid the stigma of government control in public companies.

I wonder how the markets will react, will stocks go up because people will assume Intel's going to be a government mandated champion or will they go down because of the negative connotations government control brings?

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JackYoustra ◴[22 Aug 25 22:57 UTC] No.44990947[source]▶
Name one literal no-strings-attached blank cheque to a large company in the last 20 years
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1. sigwinch ◴[22 Aug 25 23:29 UTC] No.44991222{3}[source]▶
Any Federal corporate tax relief at all. They put the pedal down on accelerated depreciation after 2008, though it existed over 20 years ago.

Any swapping of Federal Reserve bonds for corporate bonds, say during the pandemic.